yes bank is under down trained from few month,now it signaling an bullish divergence.
200 MARK IS VERY IMPORTANT TO CLIMB AS BREAK AND CLOSE ABOVE THIS LEVEL WILL CHANGE THE TREND.
Sunpharma traying to climb above the level of 458, if it will close above the 458 mark it will come in uptrend. Struggle is going on,I have added an 9 EMA which will act as support till it not break above 458 mark. In case it breaks 9 EMA, would be making it tough to climb up. ** Have it in watchlist ** ** Flat channel made by it**
IF IT CLOSE BELOW THE BLUE LINE,I PERSONALLY AVOID GOING LONG.
ALL THINGS ARE DISCUSSED ON CHART.
IT JUST BREAK DOWNTREND LINE.
PIDILITE HAVE STRONG PRODUCT BASED BUSSINESS,IN MY PERSONAL VIEW IT CAN OFFER AN 20% POTENTIAL UPSIDE.